Cello World Limited IPO
Cello World Limited was a mainboard IPO in the Houseware sector, offered at ₹617–₹648 per share to raise ₹1,900 crore. The issue was subscribed 38.9× overall (QIBs 108.57×, NIIs 24.42×, retail 3.06×). It listed on 6 Nov 2023 at ₹829 and closed its first day at ₹792, a listing gain of +22.2% versus the ₹648 issue price. It now trades around ₹328 (-49.4% versus the issue price).
Frequently asked questions
- How many times was the Cello World Limited IPO subscribed?
- The Cello World Limited IPO was subscribed 38.9× overall — 108.57× in the QIB category, 24.42× among non-institutional investors, 3.06× in retail.
- What were the Cello World Limited IPO listing gains?
- Cello World Limited listed on 6 Nov 2023 at ₹829, closing its first day at ₹792 — a listing gain of +22.2% versus the ₹648 issue price.
- What were the retail allotment odds for the Cello World Limited IPO?
- Retail was subscribed 3.06×, so a single-lot application had roughly a 32.7% chance of allotment (about 1 in 3), and allotment was finalised on 31 Oct 2023.
- What was the price band and lot size of the Cello World Limited IPO?
- The price band was ₹617–₹648 per share, with a minimum lot of 23 shares (₹14,904 at the upper band).
- Who were the registrar and lead manager for the Cello World Limited IPO?
- Link Intime India Private Limited was the registrar, and Kotak Mahindra Capital was the book-running lead manager.